(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle snap back on bargain hunting

Chicago | Reuters — Chicago Mercantile Exchange live cattle closed higher on Friday, after short-covering and bargain buying pulled contracts up from Thursday’s seven-week low, said traders. Bullish investors were further drawn to futures’ price value compared to this week’s prices for slaughter-ready, or cash, cattle. April live cattle closed 1.35 cents/lb. higher at 123.125 […] Read more



(Regis Lefebure photo courtesy ARS/USDA)

U.S. livestock: Trade war jitters drag on CME hogs

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures on Wednesday hit a three-month low, partly rattled by talk of a potential trade war if the U.S. tacks higher tariffs on imported steel and aluminum, traders said. Wednesday’s U.S. stock market slumped as U.S. President Donald Trump appears poised to impose steep tariffs this […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: Supply buildup fears undercut CME live cattle

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Tuesday finished lower as concern about increased supplies ahead yanked the market from early-session highs, traders said. Investors exercised caution while waiting for the bulk of slaughter-ready, or cash, cattle in the U.S. Plains to change hands this week. April ended 0.4 cents/lb. lower […] Read more



(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle end lower

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell on Friday on technical selling and expectations of a seasonal uptick in beef supplies as the pace of cattle slaughter increases, analysts said. “(There is) a little concern that we might have posted the smallest supply of the year, and now we are facing […] Read more


(Photo courtesy Canada Beef Inc.)

U.S. livestock: Spot cattle rise, deferreds weak

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures were mixed on Thursday, with the front-month contract edging higher after hitting a 2-1/2-week low on Wednesday. Deferred cattle contracts were weaker, remaining under pressure from weak cash markets. Strong export data provided support to the nearby contracts. The U.S. Agriculture Department reported weekly beef […] Read more